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Binance Bitcoin order book shows $6.27M more sell than buy orders, signaling potential market pressure.

Technical Signals
09 Nov 2026, 03:11 WIB
Tokenpost
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Neutral
Binance Bitcoin order book shows $6.27M more sell than buy orders, signaling potential market pressure.

A recent snapshot of Binance's Bitcoin perpetual order book revealed $46.9 million in sell orders compared to $40.6 million in buy orders, indicating a $6.27 million skew towards selling. This imbalance in displayed liquidity suggests that the market could face downward pressure if large sell trades occur. Similar patterns of more sell than buy orders were also observed on Coinbase and Binance's spot markets, though with lower total volumes. Order book depth is crucial as thinner books can lead to sharper price movements when large orders hit the market.

Bitcoin's perpetual order book sell-side lead is the focus of recent market discussion. For readers following cryptocurrency broadly, here is Pluang's market snapshot as of Nov 09, 2026 07:42 WIB: Out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell today. Notable movers include AXS at Rp14.258 with a 1-day change of -4.76% and a Pluang order activity of 95% Sell / 5% Buy, NEO at Rp32.166 down 4.74% with 0% Sell / 100% Buy activity, and ATOM at Rp23.807 down 4.65% with 45% Sell / 55% Buy activity.

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